Connor-Gethin

USDMXN Follow-on

Short
Connor-Gethin Mis à jour   
FX:USDMXN   USD/MXN
As per the last USDMXN analysis, I am still short on this pair.

With everything that's going on in the US at the moment, I believe the DXY will drop below 93, thus pushing USDMXN down further than originally anticipated.

Fundamentals may play a big part in this trade (good or bad), considering there is "high impact" news every day excluding Friday.

Whether you agree or disagree, leave a comment or a like.

-Connor-
Commentaire:
Quick update.

My analysis suggests price will not push upward of 21.97925, therefore a tighter stop-loss of 22.0000 can be placed at the traders discretion.
Trade fermée: ordre d’arrêt atteint:
Little bit of dollar strength pushed price up to my stop loss.

I'm still bearish on this pair so will look for a re-entry.
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